Marketplace

"Buy Canadian" boycott takes off

4 snips
May 19, 2025
Nina Ihecker, a Professor of Economics at the University of Rhode Island, joins to discuss the increasing Canadian boycott of U.S. products and its implications for local businesses. She examines Moody's downgrade of the U.S. credit rating, raising concerns about fiscal stability. The conversation also highlights how AI is reshaping job markets, especially in software engineering, and recalls the impact of significant investments in Black-owned banks aimed at community support following social movements. Tensions between the U.S. and Canada are explored, revealing evolving consumer sentiments.
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INSIGHT

US Credit Downgrade Insight

  • The U.S. credit downgrade reflects growing political turmoil and fiscal challenges.
  • Deteriorating confidence in U.S. government stability weakens economic growth potential.
INSIGHT

AI’s Impact on Coding Jobs

  • AI is rapidly automating software engineering, with up to 30% of code now AI-generated.
  • This threatens the future demand and skill development of human coders.
ANECDOTE

Affordable Housing Loan Example

  • Transitions Homeless Center converted an old office to affordable apartments with a $4M loan.
  • Optus Bank, a Black-owned bank, facilitated complex financing with support from major banks.
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